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Working with State Intermediary teams to enhance and maintain strong intermediary relationships and engagement. The Underwriter performs day to day operational underwriting functions within a State Underwriting team through the underwriting and negotiating of individual policy renewals, new business and mid term policy adjustments in accordance with the Delegated Underwriting Authority (DUA).
The role contributes within the State to the execution of the Commercial Portfolio Strategy through the application of product, pricing, customer retention and acquisition strategies to deliver the targeted Insurance Trading Result (ITR) for the Product(s).
The Underwriter in collaboration with Distribution colleagues will grow and develop key intermediary relationships and deliver exceptional customer service. The role collaborates with other teams, removes any blockages to performance, escalates issues and proactively looks for ways to simplify and improve the underwriting process.
What you'll do (not limited to): Underwrite new and renewal business within the scope of individual Delegated Underwriting Authority to achieve the strategic and financial goals of the Commercial Portfolio strategy.Conduct renewal reviews to ensure business is re-underwritten in alignment with current underwriting, selection and pricing guidelines and implement corrective or remedial actions when appropriate.Underwrite new business in alignment with current underwriting, selection and pricing guidelines.Monitor ongoing policy performance to identify opportunities for remedial or corrective underwriting.Underwrite using approved tools and in complete alignment with agreed underwriting processes and guidelines.What you'll bring: Minimum of 3 years of experience in the Insurance market - desired.Demonstrated ability to influence in the commercial Broker and Adviser insurance market to achieve mutually beneficial outcomes.Understanding of relevant Insurance products, industry, market environment, reinsurance structures and customer segment.Ability to underwrite in accordance with Risk Appetite, Delegated Underwriting Authority (DUA), Underwriting Guidelines and Business Licence.Understanding and utilisation of underwriting tools, resources, processes and guidelines.Our culture: Working as part of Suncorp you will have access to an unparalleled range of job opportunities across insurance and corporate services. We promote a high-performance culture where people are rewarded for effort and dedication. We recognise and value commitment and encourage our people to maintain a healthy balance between their career and personal time. Suncorp has been awarded Employer of Choice for Gender Equality (EOCGE) by the Workplace Gender Equality Agency (WGEA) for seven years in a row.
If this role sounds like the challenge you have been looking for please submit an application online today.
Advertised: 06 Dec 2024 AUS Eastern Daylight Time
Applications close: 06 Jan 2025 AUS Eastern Daylight Time
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